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$1,600,000
Est. payment /mo
3 Beds
2,044 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $782
MLS Listing ID CRPTP2508134
Bedrooms 3
HOA Y/N No
Year Built 2000
Lot Size 0.554 Acres
Acres 0.55
Property Sub-Type Duplex
Property Description
Exceptional investment and development opportunity in the heart of Chula Vista! This centrally located property sits on a generous 24,114 sq. ft. lot and currently features a duplex with a 3-bedroom, 1-bath front unit and a 1-bedroom, 1-bath back unit, totaling 2,044 sq. ft. of living space. The property is in the process for approved for 48 residential units. Construction initiation is anticipated within the next 3–4 months, making this an ideal project for developers looking to capitalize on one of the fastest-growing areas in San Diego County. Currently zoned R-3 and fully re-designated for higher density, the site offers maximum flexibility and significant upside potential. Investors can benefit from current rental income while finalizing plans and preparing for the build. The prime central location ensures excellent connectivity to freeways, shopping, dining, schools, and public transit. Whether you're looking to develop a high-yield multifamily project or hold a large piece of Chula Vista's urban core, 691 G Street offers the recombination of immediate income and long-term growth potential. Financing is available, allowing you to secure the property now and proceed toward groundbreaking with entitlements in place. Don't miss this chance to own and develop a premier proper
Location
State CA
County San Diego
Zoning R-3
Interior
Fireplace No
Laundry Laundry Closet
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 5670902900
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2508134
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Listed by Erick Ciprian • ROA California Inc